Spot Trade definition

Spot Trade means a foreign exchange transaction where the Value Date is between two and four working days after the date of acceptance

Spot Trade means a transaction where the Value Date is two working days after the date of instruction.

Spot Trade means a transaction where the Value Date is the standard delivery date for the currency pair, usually 2 Working Days.

Examples of Spot Trade in a sentence

• A Spot Trade is a standard contract to exchange currency with settlement within a few days (normally two Business Days) of the Trade.

• You are bound by the Stop and Limit Contract and are therefore obliged to enter into the Spot Trade or the Forward Trade unless you cancel during Business Hours, the Stop and Limit Contract before we have booked the corresponding Trade from our liquidity provider.

• We may agree, at your request, to enter into a Contract for a Spot Trade or a Forward Trade and/or a Payment to be executed in the future when a specific exchange rate becomes available (a “Stop and Limit Contract”).

• In the event of a Spot Trade, the Client will pay the Sale Currency in full into the Client Nominated Account for value no later than the close of business the following Working Day.

• Tightly secure and conceal raw and selvage edges offacing for finished appearance.

More Definitions of Spot Trade

Spot Trade means a Trade where the settlement of the Trade is due to take place within the Spot Period.

Spot Trade means a transaction where the value date is two working days after the instruction date

Spot Trade means a foreign exchange transaction forming part of Our Services where the Value Date is within two (2) Business Days of the date of Acceptance;

Spot Trade means a transaction where the Value Date is five Business Days after the date of instruction «Stop L o s s order» means an order that becomes a firm Order if and when a specified currency sells at or below the specified stop price. «Regulations» means the Central Bank of the UAE Regulations. «Trade» means each transaction to purchase and deliver currency for you. «Value Date» means the date of delivery to you of the currency purchased by you. «Website» means the website identified in clause 3.5 below, owned and managed by NOOR through which a Client will be able to access the Online System and the Services. We do not offer advice under these terms and conditions on any matter including (without limit) the merits or otherwise of any currency transactions, on taxation, or markets.

Spot Trade means the purchase or sale of foreign currency for near-immediate delivery;

Spot Trade means the purchase or sale of foreign currency for near-immediate delivery; “Spread” means the price difference between a purchase or sell amount;

Spot Trade means a trade in bonds on a T+3 settlement cycle;